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Former Whalsay Police Station 16 Gardentown

587 SF Office Building Shetland ZE2 9AB £8,000 (£14/SF)

Investment Highlights

  • Former police station
  • Possible redevelopment opportunity
  • 4 designated parking spaces

Executive Summary

The property comprises a single storey standalone former police station building of modern cavity timber frame construction clad externally in timber under a pitched roof clad with tiles. The property comprises the building footprint along with 4 designated car parking spaces including one disabled space. The property may present a redevelopment opportunity, subject to securing landlord and local authority consent.
The property is subject to a ground lease which commenced on 1 April 2007 for a period of 30 years expiring on 31 March 2037. The lease incorporates 5-yearly RPI linked upward only rent reviews with the current yearly rental equating to £1,586.14 per annum.

Attachments

Brochure

Property Facts

Sale Type
Owner User
Sale Condition
Development Sale
Property Type
Office
Tenure
Freehold
Building Size
587 SF
Building Class
C
Year Built
1960
Price
£8,000
Price Per SF
£14
Tenancy
Single
Number of Floors
1
Typical Floor Size
587 SF
Building FAR
0.91
Lot Size
0.01 AC
Parking
4 Spaces (6.81 Spaces per 1,000 SF Leased)
  • Listing ID: 13723094

  • Date on Market: 07/09/2018

  • Last Updated:

  • Address: 16 Gardentown, Shetland ZE2 9AB

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